Friday, March 19, 2010

Nouriel Roubini warns about an U-shaped anemic recovery

Nouriel Roubini
"My basic scenario is a U-shaped anemic recovery. There is a downside risk of a double-digit recession, low probability, but if growth is going to be only 1.5 percent, it is going to feel like a recession, even if we're technically not in a recession."
----Nouriel Roubini

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